KATY, Texas - TelAve -- Benchmark International is pleased to announce the transaction between Sheffield Scientific. & TRM, a portfolio company of 424 Capital. The transaction represents a strategic expansion for TRM to continue to strengthen its position in the power generation market.

Established in 2010, Sheffield Scientific has been able to provide a variety of professional consulting services related to the energy sector for performance improvements, asset optimizations, work management reviews, and IT conversions & upgrades. Sheffield Scientific developed Serket, which is a solution-based software to streamline OT risk management in regulated energy environments.

"Joining TRM is an exciting opportunity for our team and our clients,... TRM's resources and reputation in EAM and reliability solutions will allow us to expand in the power generation sector while continuing to innovate. Together, we can deliver integrated solutions that combine asset management best practices with advanced cybersecurity measures—helping our clients achieve operational excellence and resilience. - Kevin Carter, President & COO, Sheffield Scientific

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TRM is a consultancy that elevates asset lifecycle management by combining holistic business process strategies with a vendor-agnostic approach to technology. By implementing operational best practices and digital technologies from a range of leading solutions, organizations are empowered to optimize their asset management practices.

"Our team has absolutely loved working with Josh and Kevin throughout this journey! We were thrilled to help uncover the powerful synergies between Sheffield Scientific and TRM, and we can't wait to see what the future holds. We wish both parties continued success and a seamless transition as they continue writing this next chapter. – Jeffrey Garza, Senior Deal Associate, Benchmark International

Americas: Sam Smoot at +1 (813) 898 2350/ Smoot@BenchmarkIntl.com

Europe: Michael Lawrie at +44 (0) 161 359 4400 / Lawrie@BenchmarkIntl.com

Africa: Anthony McCardle at +27 21 300 2055 / McCardle@BenchmarkIntl.com

ABOUT BENCHMARK INTERNATIONAL:

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Benchmark International is a global M&A firm that provides business owners with creative, value-maximizing solutions for growing and exiting their businesses. Benchmark International has handled transactions across various industries from offices across the world. With decades of M&A experience, Benchmark International's transaction teams have assisted business owners with achieving their objectives and ensuring the continued growth of their businesses. The firm has also been named the Investment Banking Firm of the Year by The M&A Advisor and the Global M&A Network, as well as the #1 Sell-side Privately Owned M&A Advisor in the World by PitchBook's and Refinitiv's Global League Tables.

Website: http://www.benchmarkintl.com
Blog: https://www.benchmarkintl.com/insights